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Jobisdone [24]
3 years ago
15

The first, second, and third workers employed by a firm add 24, 18, and 9 units to total product respectively. Therefore, the: G

roup of answer choices marginal product of the third worker is 9. total product of the three workers is 54. average product of the three workers is 18. marginal product of the first worker is 18.
Business
1 answer:
Mars2501 [29]3 years ago
4 0

Answer:

marginal product of the third worker is 9.

Explanation:

Marginal product is the change in total product of labour as a result of increase labour by one unit

Marginal product = change in total product / change in labour

marginal product of third worker = (18 - 9) / (3 - 2) = 9

Total product is the sum of each individual total product = 24 + 18 + 9 = 51

Average product = total product /3 = 51 / 3 = 17

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Blue Ridge Bicycles uses a standard part in the manufacture of several of its bikes. The cost of producing 43,000 parts is $140,
kifflom [539]

Answer:

$71,000

Explanation:

The computation of operating income is shown below:-

Total costs if company bought = Cost of production × Outside supplier per unit) + (Fixed cost × Remaining percentage)

= (43,000 × $3.80) + ($68,000 × (100% - 30%))

= (43,000 × $3.80) + ($68,000 × 70%)

= $163,400 + $47,600

= $211,000

Loss in Income if part is bought = Total costs if company bought - Total costs originally

= $211,000 - $140,000

= $71,000

Therefore, Making profit will be more by $71,000 and for computing the Loss in Income if part is bought we simply applied the above formula.

8 0
4 years ago
There were a total of 90 people in the households, 10 of the people were children under 16, 10 of the people were retired but st
Vlad1618 [11]

Answer:

The unemployment rate is 42.85.

Explanation:

The formula to calculate the unemployment rate is:

Unemployment Rate = (Unemployed People / Total Labor) x 100 -- (1)

where total labor is the sum of the unemployed people and employed people.

Unemployed People = 10 Retired persons + 5 stay-at home parents + 10 persons with no job + 5 persons who wanted job

Unemployed People = 30

Labor Force = Employed people + Unemployed people

Labor Force = 40 + 30

Labor Force = 70

Putting the values in equation 1,

Unemployment Rate = ( 30/ 70) x 100

Unemployment Rate = 42.85

7 0
4 years ago
When is a wrecker considered to be an emergency vehicle
RoseWind [281]

I believe the answer is: its emergency lights are flashing

When is emergency lights are flashing, the wrecker would most likely driving toward the area where accidents happen, and they would be used to drag out ruins or the heavy vehicles that collided on the sites. Because of this, we need to provide space for the wrecker to pass if it shows its emergency lights.

4 0
3 years ago
Read 2 more answers
What economic system is demonstrated by the work at the New York Stock Exchange?
Alja [10]
Strong feeling its Capitalism.
6 0
4 years ago
net income is 180 depreciation is 50 change in asset and liability accounts is 20 what i the cash provided
kiruha [24]

Answer:

Cash provided by operations is $250

Explanation:

<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>

<em />

Cash flows from operating activities

Net Income                                                     $180

<em>Adjustments to reconcile net loss </em>

<em>to net cash flow from operating activities</em>

Add: Depreciation                               $50

Add: Change in net current assets    <u>$20</u>     <u>$70 </u>

Cash provided by operations                       <u>$250</u>

7 0
3 years ago
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